National Trading Policy (Noun)
Meaning
A government's policy controlling foreign trade.
Classification
Nouns denoting communicative processes and contents.
Examples
- The government's national trading policy was designed to protect domestic industries from foreign competition.
- A key component of the country's national trading policy was the imposition of tariffs on imported goods.
- The new administration's national trading policy was met with skepticism by international trade partners.
- The country's national trading policy was criticized for favoring certain industries over others.
- The government's national trading policy was revised to include stricter regulations on imports from countries with poor labor practices.